China: US Chip Export Bills Could Disrupt Supply Chains
📊 0700.HK — Piyasa Yorumu
▼ down · 65%The news could increase technology tensions between China and the US, putting pressure on the semiconductor sector. Technical indicators are already weak: RSI is near oversold territory at 34, MACD is below zero and below its signal line. The price is trading below the 20- and 50-day moving averages, with a 2.2% decline in the last 24 hours. Selling pressure is likely to persist in the short term, but the low RSI level also signals some potential for a rebound.
📊 9988.HK — Piyasa Yorumu
▼ down · 65%The headline highlights increasing geopolitical risk in chip trade between China and the US, which could particularly pressure technology stocks. Technical indicators confirm weakness: RSI at 35.5 is approaching oversold territory, while MACD is below the signal line and in negative territory. The price is trading below both the 20-day (127.85) and 50-day (129.82) moving averages. The 3.3% decline in the last 24 hours indicates sustained selling pressure. The bearish trend is expected to continue in the short term.
📊 NVDA — Piyasa Yorumu
▼ down · 70%The news indicates that US restrictions on chip exports could disrupt supply chains, creating a negative factor for semiconductor companies such as NVDA. Technical indicators also point to weakness: the RSI is near oversold territory at 33, the MACD is below its signal line, and the price is below both the 20-day and 50-day moving averages. A 5% decline in the last 24 hours suggests continued selling pressure. The short-term downtrend is expected to persist.
📊 AMD — Piyasa Yorumu
■ neutral · 60%The news indicates that US restrictions on chip exports could disrupt supply chains, creating uncertainty for semiconductor companies such as AMD. However, AMD's stock price has risen 6.2% in the last 24 hours, with the RSI at 74.4, entering overbought territory. While technical indicators point to a strong uptrend, overbought levels increase the likelihood of a short-term correction. Therefore, the combination of the negative impact of the news and the overbought signal from technical indicators highlights near-term directional uncertainty.